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CRUDE_ CLM23

Weekly – In the September 2022 downtrend. Trade pressures are now down. Volumes are now bearish.

Daily –Flat. The close below 79.19 triggered a new short entry on 2/17.. Trade pressures are down but rising. Volumes are now bullish.

The next target down is 70.80. The oversold level is now 73.16.

A close above 76.88 would signal higher. The expected overbought level is then 78.61.

 

NAT GAS_ NGN23

Weekly – In the December 2022 downtrend. Trade pressures are down. Volumes remain bearish.

Daily – Long. Now in a retracement up from the 2.90 long entry on 2/23. Trade pressures are up. Volumes are now bullish.

The next target up is 3.14. Overbought is expected at 3.62.

A close below 2.96 would signal lower. The oversold level is 2.07.